NYSE Euronext makes $182m loss but pleased with savings

31 Jul 2009

NYSE Euronext made a net loss of $182m, or $0.70 a diluted share, in the second quarter of 2009. The main reasons for the loss were a $355m charge for terminating its clearing contract with LCH.Clearnet and $87m of one-off costs, mainly related to anticipated redundancies.

Yesterday the exchange’s new in-house...

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“At our current funding level, the Commission is under serious strain. We lack the staff and resources necessary to both implement Dodd-Frank and continue to fulfil our pre-Dodd-Frank duties under the Commodity Exchange Act. Without additional funding, the strain will only become worse in July, when much of Dodd-Frank goes into effect.”

The CFTC's Michael Dunn pleads for Congressional support over the regulator's budget.

NYSE Euronext makes $182m loss but pleased with savings

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